Udhyam registration is a certification program for micro, small, and medium-sized businesses in India. The Ministry of MSME, Government of India, issues the Udhyam certificate. It facilitates the development and promotion of businesses through a variety of benefits and schemes.
Documents Required for ISO Certification
Only scanned copies of these documents are required:
- PAN Card
- Aadhar Card
- GST Registration
- Bank Account Details
- Address Details
- Date of Incorporation
- Investment Details
- Employee Details
- Product/Service Details
HOW UDHYAM REGISTRATION HELPS MY BUSINESS?
After registering his or her business and obtaining Udhyam Registration, one will be able to enjoy a number of benefits. Here are the top advantages:
- Udhyam registration aids in the acquisition of government tenders.
- Bank loans become more affordable as a result of Udhyam because the interest rate is very low (up to 1.5% lower than interest on regular loans).
- Udhyam is eligible for a variety of tax breaks.
- Obtaining licenses, approvals, and registrations becomes simple, regardless of the field of business.
- Businesses registered with Udhyam are given first priority for government licenses and certification.
- They gain secure credit at lower interest rates.
- Registered Udhyam provides tariff, tax, and capital subsidies.
- Registration aids in lowering the cost of obtaining a patent or the cost of obtaining a trademark.